Knitted Fabric Market to Grow with a CAGR of 6.8% through 2030

The knitted fabric market is growing due to rising demand for athleisure, medical textiles, smart fabrics, sustainable production, and advancements in knitting technology across fashion, technical, and household applications.

According to TechSci Research report, “Knitted Fabric Market - Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F”, the global knitted fabric market was valued at USD 34.54 Billion in 2024 and is expected to reach USD 51.26 Billion by 2030 with a CAGR of 6.8% during the forecast period. The global knitted fabric market is witnessing robust growth driven by the increasing demand for versatile, stretchable, and comfortable textiles across multiple sectors, including fashion, automotive, sportswear, and healthcare. One of the key drivers fueling this market is the shift in consumer preference towards athleisure and performance apparel, which demands high elasticity, breathability, and lightweight properties — attributes inherently offered by knitted fabrics. Furthermore, the expansion of the medical textile segment, which utilizes warp-knit and weft-knit fabrics for compression garments, orthopedic supports, and wound dressings, is opening new avenues for market players. Technological advancements in knitting machinery have significantly improved fabric precision and reduced production time, enabling manufacturers to scale production while maintaining quality. The integration of smart textiles and functional fibers, such as antibacterial or moisture-wicking yarns, is also redefining the application scope of knitted fabrics beyond traditional uses.

However, the market is not without its challenges. Raw material price volatility particularly for cotton, polyester, and specialty fibers continues to affect production costs and profitability. Environmental concerns related to synthetic fibers and the large carbon footprint associated with textile manufacturing are prompting stricter regulatory norms and consumer scrutiny, forcing companies to adopt sustainable practices. Another key challenge is the fragmented nature of the industry, particularly in emerging economies, where small and medium-sized enterprises struggle with modernization and global compliance standards. Moreover, the competitive intensity in the global textile value chain, including competition from low-cost production hubs and counterfeit products, can hinder the growth of established brands and high-end textile producers. Nonetheless, innovation in eco-friendly production techniques and the development of circular economy models are expected to mitigate some of these challenges, fostering long-term growth in the knitted fabric market across technical, household, and fashion applications.

Browse over xx market data Figures spread through xx Pages and an in-depth TOC on "Global Knitted Fabric Market.” 

Global Knitted Fabric Market is segmented into product, application and region.

Based on application, technical Textiles is segment includes automotive textiles, medical textiles, agrotextiles, and protective clothing. Knitted fabrics are valued for their lightweight, strength, and flexibility, making them ideal for car interiors, compression garments, and industrial applications. The growth of smart textiles (e.g., conductive knits for wearables) is further propelling this segment. Technical textiles are expanding at the highest CAGR, driven by advancements in medical textiles, automotive interiors, and smart fabrics. The push for sustainability and functional performance is accelerating adoption in this segment.

Based on region, North America and Europe are mature markets with a strong focus on high-quality, technical, and sustainable knitted fabrics. The U.S. and Western European countries (Germany, Italy, France) lead in innovation, particularly in performance textiles for sports, medical, and automotive applications. These regions prioritize eco-friendly production, with stringent regulations driving demand for recycled and organic materials. The presence of major fashion brands and a growing emphasis on circular fashion (such as recycling programs and biodegradable textiles) further shape market trends. While production costs are higher compared to Asia, these markets differentiate themselves through advanced manufacturing techniques, smart textiles, and premium product offerings. However, reliance on imports from Asia for cost-effective mass production remains a key characteristic of these regions.

Major companies operating in the global knitted fabric market are:

• Baltex
• Jong Stit Co., Ltd.
• Georg and Otto Friedrich GmbH
• Zhejiang Chaoda Warp Knitting Co., Ltd.
• Abhinandan Knits Pvt. Ltd.
• Haining Jinmao Warp Knitting Co., Ltd.
• Lear Corporation
• Loyal Textile Mills Ltd.
• Toray Industries, Inc.
• Pacific Textiles Holdings Limited

Download Free Sample Report

Customers can also request 10% free customization in this report.

“A key trend in the knitted fabric market is the knitted fabric industry is undergoing a transformation with the adoption of digital knitting technologies and Industry 4.0 practices. Advanced knitting machines, such as those from Shima Seiki and Stoll, now incorporate computerized controls, 3D knitting, and automation, enabling faster production, reduced waste, and customization. Digital knitting allows for seamless garment production, minimizing fabric cutting and labor costs. Additionally, smart manufacturing integrates IoT-enabled machines, real-time monitoring, and AI-driven quality control, optimizing efficiency. This trend is particularly impactful in the fashion sector, where brands like Nike and Adidas use 3D knitting for customized, on-demand production. As digital knitting becomes more accessible, it will drive innovation in design flexibility and sustainable manufacturing”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

"Knitted Fabric Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product (Weft-knit, Warp-knit), By Application (Technical, Household, Fashion & Clothing), By Region & Competition, 2020-2030F”, has evaluated the future growth potential of global knitted fabric market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global knitted fabric market.

Contact Us-

TechSci Research LLC                                                                                              

420 Lexington Avenue, Suite 300,

New York, United States- 10170

M: +13322586602

Email: [email protected]

Website: www.techsciresearch.com